Proof Point
Total ICOs raised grew 200% annually from seven in 2014, reaching 650 with aggregated value of $16.72 billion in 2018, according to Coindesk data
Total Initial Coin Offerings (ICOs) Volume and Value
2014 – 2018 (number and US$ billion)
Proof Point Findings
- Initial Coin Offering (ICO) – Alternative crowdfunding method in which investors buy new tokens for trading or acquiring products in exchange for cryptocurrencies like Bitcoin or Ethereum
- Increasing Offerings – Coindesk published total offerings massively grew from 2014 and reached 650 with total value of $16.7 billion in 2018
- Largest Funding – Biggest funding in 2018 are from EOS and Telegram projects, raising $4.2 billion and $1.7 billion, respectively
- Key Growth Drivers – Include growing adoption of blockchain technology, increasing penetration of cryptocurrencies, and heightening investment appetite of consumers for blockchain startups
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Accelerator |
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Market Disruption |
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Sector |
Cross-sector
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Source |
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Date Last Updated |
March 19, 2019
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